The majority of Austrian companies that have invested in Bulgaria expect the economic climate in the country to remain stable (54%) or improve (13%) over the next 12 months. This was shown by the traditional "Survey among Austrian investors in Bulgaria" of Advantage Austria. The results were presented by Philippe Kupfer, Commercial Counsellor at the Austrian Embassy. The survey was conducted at the end of 2024 and includes representatives of 98 companies.
For 40% of respondents, the introduction of the euro in Bulgaria will have a positive impact on their activities, for 24% - "rather positive", for another 24% it will not have any impact.
Among the challenges for Austrian investors are the growth of wages in this country in recent years and the shortage of qualified labor force.
Bulgaria’s Minister of Foreign Affairs Georg Georgiev met with North Macedonia’s Foreign Minister Timco Mucunski during the Munich Security Conference. Georg Georgiev emphasized that Bulgaria's position regarding the European integration of North..
The weather will be cloudy during the next 24 hours. Snow will fall in the northeastern part of Bulgaria, which will spread to many regions of Northern Bulgaria during the day. It will rain in the southern parts of the country. Snowfall will be..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting with Türkiye's Minister of Foreign Affairs Hakan Fidan within the framework of the Munich Security..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the..
Today and tomorrow, the town of Apriltsi, located in the Balkan Mountains, is hosting the traditional Festival of Bacon and Mulled Rakia, which brings..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
+359 2 9336 661